Member Info for aligator

Ss, No problem, I have a broad back and, like you, am underwater in the stock. Quite frankly, PB has fooled all of us who invested 3-5 years ago and it is only recent investors who will possibly make money (and good luck to them). Notwithstanding, brokers remain bullish (centred around a "buy" rating) and targeting 32p-35p within 12-15 months. Sadly, I cannot see 70p, even within a medium term horizon, but who knows what the longterm holds?

Ss, I did warn you about this. A BoD that has wiped off over 95% of the company's market cap in 5 years is invariably not the right group of people to hang your hats on in terms of a possible recovery. PB's pay-packet probably sits near $1 million so why should he worry? In monetary terms he has limited cash equity exposure to TXP, courtesy of his free shares and cheap options. Of course, he and his board/executive could show commitment by buying shares at 7p to show confidence but that is not happening. I wonder why?

Bottom line is that these people have crippled this company through inane decisions involving the drill bit, asset acquisitions, corporate acquisitions and fund raising. Can you imagine how Purebond feel, having paid 11p per share just over 6 months ago? At 7p, it has lost some 36% of its investment, nowhere near your 70% but Purebond must nonetheless be thinking it has been duped.

I note that this board is now relatively devoid of those who previously talked about good times tomorrow. The problem is tomorrow never actually comes!

Same tripe coming from the same idiots running this company.

“Jam today, jam tomorrow”? What planet are you on? This company is just about keeping its head above water. It is living on a hand to mouth basis and it dire financial straits!

More painful reading for long suffering shareholders. Funny how the historical rampers are nowhere in sight following this announcement. No mention of CR3 production as far as I could see.

What a disaster.

Stag 1974, Let's hope so!!!

Simple response, my paper losses are

Smasher, Yes, the current situation is not good but let’s be honest, we all took PB’s predictions and wall of cash statements at face value only to find out that we had been misled. You can’t predict that but if you still believe in the company’s longer term prospects then you can buy at this low sp to reduce your average price.

I have done this. Have you or do you just make aimless comments on boards like these?

Smasher, You are talking bullsh*t. SENSIBLE investors risk their money based on knowledge and facts, not on betting on red on a roulette wheel. That said, as the history of TXP has definitively proved, if you are fed false information, which has been the case with this company for many years, there is nothing you can really do from an analytical perspective. A classic example is Purebond. Do you seriously think Kansagra and his colleagues risked £5.5m for 15.4% of TXP based on positive thoughts about the company? Of course not. they will have undertaken significant investigation and analysis before making any decision.

Honestly, I give with some people...

Ayecuramba, You and your soul mates have been saying this for years. Result? Share price down to its lowest for ca 6 years. What you are hanging on to is an unexpected gulf war price hike and hoped for benefits of the new compressor alongside steady production from CR3. That is not investing, that is gambling.

from the legions of posters predicting drill bit and operational success by those who have been clearly proven to be nothing more than a bunch of muppets, led by the biggest bull****ter in this sector, pb.

if sirmark is truthful and my calculations are correct, he must be high into a six figure loss by now. irt would be interesting to know what mr kansagra of purebond makes of all this...

Stag, I suspect that Mr Kansagra is not a happy bunny and is only now realising that PB is economical with the facts. Goodness knows what was presented to Purebond which convinced Kansagra and his family to invest £5.5m for a 15.4% stake. It would not surprise me if there have been some tense discussions between Kansagra and PB.

No comment. Enough said perviously.

I'm drinking superb wine and feeding giraffes. What are you up to pornstar?

Got wifi!

Nomadme, I put your quotes into ChatGPT. This is the response:

"What that likely means:

It’s not a confirmed quote from a reputable AI system (like Bloomberg, Refinitiv, etc.).

It’s most likely generated or reposted by a retail investor or community tool (sometimes labeled “AI analysis” on forums).

These kinds of quotes are opinion-based, not factual analysis."

Are you that desperate for positive news that you would seek to imply falsehoods to AI?

Ross, I am surprised you even bothered to respond to these useful idiots. I could not give a nanosecond of thought to what is written and, indeed, I would suggest that the relevant individuals, who know who they are, consider in retrospect what they have put to paper. It is, frankly, childish drivel and designed merely to seek to cancel people who disagree with them - black and white as that.

Of course our two posts will now commence a tsunami of counter comments but the said relevant individuals.

As for me, I am off to dinner with friends later and then flying to Botswana tomorrow for a two week safari/bush stay with my wife.

John2727, No truer comment than "This is probably the most important operational week for TXP, and all eyes should really be on Wednesday’s financials and the expected CR-3 update".

I am certainly not complaining about the sp increase and the apparent vibes appearing to emanate from TXP about CR-3. Surely, surely the company is going to deliver positive news this time? The last 4-5 years have been frankly brutal and, as you say, this week is critical.

Highlandmatt, I had the temerity to venture that thought a day or so ago and received much abuse from the usual suspects. Being a gentle soul, I gave up trying to analyse but your 08:43 has bucked me up!

Would not want to disappoint my faithful followers so here goes. It is an interesting time for Edale to announce that it has increased its shareholding to 5.25%. Just a week or so before an anticipated announcement which will be critical for the company. Has there been an exchange of information on CR-3 which has elicited this increase? Who knows but I am not complaining if that is the case and the outlook for CR-3 is positive!

Johno, Delighted that you enjoy serious conversations with your 3 year old daughter. It sounds to me as if she is the one with the greater intelligence...

So Johno, why do you think the sp of a minor T&T based o&g company with a turgid history of failure went up, if it wasn't because of the Iran issue? Do you seriously believe that the market was otherwise giving credit, with all TXP's history, for unknown progress on CR-3? If so, then why have we seen today's fall????

I think you are the one who needs to have a reality check....